The five-day Thanksgiving shopping marathon just wrapped up with some solid numbers. Online spending hit $44.2 billion—up 7.7% from last year. Not bad considering everyone's been doom-scrolling about recession fears. Consumers still showed up with their wallets open, which might signal more resilience in discretionary spending than the bears expected. Worth watching how this consumer confidence plays into Q4 market sentiment and risk appetite across traditional and digital assets.
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RumbleValidator
· 1h ago
44.2B is an interesting figure, and a 7.7% increase is quite solid. The resilience of consumption has indeed been underestimated. Node data shows that transaction verification efficiency hasn't decreased but actually increased, which means real money is flowing.
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StillBuyingTheDip
· 6h ago
Is 44.2B for real? People have been talking about a recession for a year, yet everyone’s still buying like crazy? LOL, retail investors really are walking economic indicators.
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AlphaBrain
· 15h ago
44.2B? Not bad, people are still willing to spend money. It doesn't seem so pessimistic after all.
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MevShadowranger
· 12-02 17:07
44.2B is indeed impressive, but can this wave of consumer spending last until Christmas? It feels like it's all thanks to credit cards.
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NeverVoteOnDAO
· 12-02 17:03
Hey, that 44.2B figure is quite solid. It seems that while everyone is talking about recession, they still have money in hand, haha.
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TopBuyerBottomSeller
· 12-02 16:50
44.2B, it seems that the suckers still have money.
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SolidityNewbie
· 12-02 16:41
Forget it, the consumption data may look good, but I still feel that this money is borrowed...
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AirdropHarvester
· 12-02 16:40
4.42 billion sets a record, people may talk about a downturn but they're actually spending a lot.
The five-day Thanksgiving shopping marathon just wrapped up with some solid numbers. Online spending hit $44.2 billion—up 7.7% from last year. Not bad considering everyone's been doom-scrolling about recession fears. Consumers still showed up with their wallets open, which might signal more resilience in discretionary spending than the bears expected. Worth watching how this consumer confidence plays into Q4 market sentiment and risk appetite across traditional and digital assets.